jensen huang saying that. >> aren't there secular changes right now, 30 years later? >> there are, but we had a huge move. and now we're waiting for roi. service now comes on. >> we can be waiting a while for this roi. >> bill mcdermott said things were great and the stock went up 100 points and then didn't give up the gain. that's because they have really -- now, they really made some real strides in making money in a.i. the next thing is will salesforce and workday, will their a.i. product do well because they have the data so to speak and we won't know until we get to -- we get to dream force and then we'll see. but, you're right, if service now is the only one that has roi, that is not great. it is not great. >> let's move on to some of the earnings movers this morning. not small companies, want to start with png, down a bit. >> down 10. procter is very cautious as they always are. they talked about how raw costs are not going down. some products got too expensive and they had to cut back. what happens, down 10. there was a producer in our office this morning, sto

so we have eileen, huang and vivian araullo and, eleanor vannata, alicia marquez, and lonnie hoesli. thank you all. so much. we couldn't have gotten through this process without a really great support staff. and i just want to echo kim's appreciation. the executive team was incredibly supportive, and, you know, there were calls at, you know, odd hours nights and weekends sometimes. and, and of course, our labor partners. thanks, anthony, for appearing today also. and so with that, we ask for your approval for our eight successor mous with our labor partners. thank you. thank you. and just want to thank you for the appreciation and recognizing your teams. thank you for helping us to see a little bit of what goes beyond goes on behind the scenes that we don't always see. d thank you all here, and all of you who are named for all of your work, colleagues, are there any questions or any comments from directors before i open it to public comment? okay. seeing none, i don't presume we have any public commenters on the room, but i will open public comment. please go ahead. i've been coming

huang was booked into the san francisco county jail on a homicide charge. police are searching for leads tonight following a fatal shooting in last night, officers respondedt to reports of a shooting on west 10th street between cutter and west streets. police say a man had been shot several times and died at the scene. his identity is not being released as police continue to investigate and identify potential suspects. >> police in alameda are looking for a driver involved in a hit and run crash. it was all caught on video. it happened at around 10:00 last night on willie stargell avenue and main street. dash cam video shows a white pickup truck making an illegal left turn and hitting a red sedan that was crossing the intersection. after that crash, that truck backs away from the vehicle and takes off. anyone with information is being asked to call alameda police alameda's crown beach was popular today as people around the bay area tried to cool off. >> dozens of people were spotted swimming. some groups pulling up with massive inflatable swim toys. skies w

god's punishment or the river of sorrow, as huang he calls it, it has always been the center of chineseation, but extremely obstinate. the flood of 1887 was the work of the river and its hands. 900 thousand dead, but in 1931 everything things turned out even worse. the perfect storm in china was caused by several factors from 1928 to 1930 in the country. the high one, due to the rains and squally winds, rose even higher, and the dams could not withstand the shock of the waves. a stream of water with a terrifying roar swept through the streets of the sleeping city of gouyu. more than 10 thousand people died there that day, most of them dying in their sleep. the yandza river rose so high that all the surrounding valleys were flooded. by early august, water had forced an incredible 500,000 people to flee their homes and wander in search of shelter and food. 16 of china's 23 provinces were flooded, as was the country's capital. then, by the way, it was not beijing, but the city of nanjing. in some places, the water level rose by 16 m. stoichia destroyed crops of rice, wheat and farms. in ju

by the way, god's punishment or the river of sorrows, as the huang he is called, has always been the center of chinese civilization, but extremely obstinate. the flood of 1887 was the work of this river, 900 thousand died, but in 1931 everything turned out even worse. the perfect storm in china was caused by several factors. from 1928 to 1930, the country experienced a severe drought. after the harsh winter. as a result, a lot of ice and snow accumulated at the river sources. and finally, nine cyclones at once in 1931. the fate of central china was sealed. all three great rivers of china - the yangtze, yellow and huai - overflowed their banks. on the night of twenty. on august 1931, the water level in lake gauyu in the northern province of jiangsu, which was already extremely high , rose even higher due to rain and squally winds and the dams could not withstand the shock of the waves. a stream of water with a terrifying roar swept through the streets of the sleeping city of gouyu. more than 10 thousand people died there that day, most of them died in their sleep. the yandza river ros

. >> similar feelings were shared by tony huang, the executive director of equality california. huang tells me the law will help protect queer kids safety, especially those who might come from unwelcoming households. >> we want them to be able to have those conversations at their own time, at their own pace, on their own terms, not everyone agrees with this new law, though. >> some opponents say it reduces school transparency and also infringes on parents rights. one of the law's most vocal opponents is elon musk, the father of a trans child. musk tweeting on tuesday that the law's passage was the final straw and that he'd be moving both x and spacex out of california to texas. others, like jonathan zachrisson, the president of students first california, also opposed the new legislation. >> it's never a good idea to have policies where schools keep secrets from parents. bottom line, that's never a good policy. it erodes the trust between schools and parents. it undermines the parents fundamental right to for the upbringing of their children. >> zachrisson says the new bill was a

the founder and head of invidia, jenson huang, presented an expanded set of ssegraph at the conferencebots with built-in artificial intelligence. the general idea is to simplify this process and automate it as much as possible. particularly as a primary source of training data. the robot's veronet uses the actions of a live trainer captured by the apple vision pro headset. this solves two problems: firstly, unlike terabytes of texts for training large language models, there is very little structured data about physical interaction with the world, but secondly, nvidia came up with an additional justification for the existence of this mixed reality device itself, which has incredible capabilities, but which apple itself is promoting almost exclusively as... entertainment, and so, nvidia offers ai trainers to look at the physical world through the eyes of a robot to perform certain text test operations. all actions are captured by the sensors of the vision pro headset, based on this data, which is still not enough. eurocity generates a large synthetic data set. well, then the real one and

this highland gives rise to the indus, brahmaputra, mikong, endza, huang-he. tibet. right. poem 300. friedrich mistral wrote his poem "mireille" in provençal. natalya konchalovskaya translated the work interlinearly from this language. french? absolutely right. poem 200. last fall, an exhibition was dedicated to her at the moscow kolominskaya reserves museum called poem with the heroine. aa anna andreevna akhmatova. absolutely right. allusion to her your own poem without a hero. poem 100. poem song of the bison. written in the 15th century by nikolai gusovsky, was supposed to be attached to this massive gift to pope leo the tenth, in the end, however, it was never delivered, apparently the bison itself, no, a sculpture of a bison, no, a stuffed bison, that’s right, 500 statue monuments. in the end in this shakespeare play, king lyont is shown a statue of his late wife hermione. but it turns out that the statue is hermione herself, who miraculously survived and was in hiding for many years. isn't this borya? no. yes. this winter tale. monuments to stalt and 400. he began his

. >> similar feelings were shared by tony huang, the executive director of equality california. huang tells me the law will help protect queer kids safety, especially those who might come from unwelcoming households. >> we want them to be able to have those conversations at their own time, at their own pace, on their own terms, not everyone agrees with this new law, though. >> some opponents say it reduces school transparency and also infringes on parents rights. one of the law's most vocal opponents is elon musk, the father of a trans child. musk tweeting on tuesday that the law's passage was the final straw and that he'd be moving both x and spacex out of california to texas. others, like jonathan zachrisson, the president of students first california, also opposed the new legislation. >> it's never a good idea to have policies where schools keep secrets from parents. uh- bottom line that's never a good policy. it erodes the trust between schools and parents. it undermines the parents fundamental right for the upbringing of their children. >> zachrisson says the new bill was a

the ship, commissioned into the chinese navy in july 2016, was built at the huang fu shipyard, guangzhou city, named after hong lake in hubei province. the length of the ship is 178 m, displacement 23,400 and range. swimming 1200 miles, crew - 130 people, the ship has artillery weapons, the crew consists of female military personnel, performing tasks on an equal basis with the male part of the crew. the boat of the president of the russian federation is heading to the training ship lasumam, navy of the algerian people's democratic republic. the commander of the campaign is general arabi belakhmet, commander. hello sailors, i congratulate you on your participation in the celebration of the russian navy, the ship’s crew, in response to the greeting of the president of the russian federation, performs ceremonial movement. human. the frigate has on board modern strike missile weapons, anti-aircraft missile systems and artillery weapons. during its 20 years of service, the ship completed many combat missions and long voyages in various waters of the world's oceans. following historically esta

>> jensen huang sits down with mark zuckerberg today in a fireside chat. >> oh. >> yeah.t a graphics conference. >> okay. >> in denver. and i -- i think this could be the first time -- and of course, darn it, zuckerberg's been quiet because of reports from meta, but you might see him lay out something positive with jensen there. remember, jensen and mark did not -- my buddies jensen and mark -- did not necessarily get along when this whole thing started, and then mark realized the value, and i think that he's a big roi guy. he's not known, other than that one branch where he's just trying to figure out what to do, and i think he does the ray-bans, but that can't move the needle. stock's up for whatever reason. but i do think that he can lay out a good case with jensen there about why he wants to spend some money with jensen huang. i think that nvidia never recovered from former president trump's -- >> taiwan comments? >> i have sources in the prc, shocking as that is. they're americans who are there. >> they're americans -- what? do you really want me to ask you questions

we spoke with the event host domino and machine artist alex huang about what the nine year old team hopes to accomplish at this point, we're all very comfortable with our build styles and what we can accomplish building, >> and so at this point, we're all we all we all know what we're doing. and we're attempting this year, the largest domino setup that we have ever built across the nine years of us hosting this event, as well as the largest domino setup ever built in california. >> and that live topple will be hosted tomorrow at the tech interactive museum. we wish them the best of luck. >> pretty cool stuff. here's a look at the stories trending tonight on ktvu. com one of our top stories two women in washington, d.c. are accused of killing a man and cutting off his thumb so they could access his cash app. and allstate is looking to increase homeowners insurance premiums to californians by an average of 34. that could impact roughly 350,000 people and a three year old from the east bay celebrated his final chemo infusion by riding to it in style on a fire truck. you can find these storie

teenagers sheng lihao and huang yuting won the ten metre air rifle shooting, leaving south korea withned in spectacular style, with a stunning display of french culture, architecture, and heritage. in a world first, the olympic opening ceremony was held outside of the stadium. 6,800 athletes from 205 delegations travelled on 85 boats and barges down the river seine past some of the french capital's most famous landmarks with bridges and riverbanks used as catwalks. there was heavy rain but it didn't dampen the crowd's enthusiasm. there were surprise performances throughout, a pink feathered lady gaga and the french—malian singer, aya nakamura performed alongside teams of dancers high—kicking the can—can or perching perilously on poles. the olympic flame, which had been carried by a host of global sports superstars including rafael nadal, serena williams and zinedine zidan, was used to light a huge cauldron on a hot—air balloon that rose high into the paris sky. the culmination of the show included an emotional return of canadian icon celine dion, her first live performance for four ye

teenagers sheng lihao and huang yuting won the ten metre air rifle shooting, leaving south korea with. it is actually 13, because men's skateboarding, street skateboarding is suspended until monday due to the wet weather in paris. 13 gold medals in total are up for grabs on saturday, including in diving, fencing, and rugby sevens. hello. for many of us, today will be the cloudier day of the weekend. and it's a day where there's a greater chance of some showers around, even a few longer spells of rain for one or two. but by tomorrow sunshine and warmth will develop more widely, looking like a great summer sunday in store. out there today, though, the cloud and the greatest chance of showers comes from this fairly weak weather system that's pushing its way eastwards. it's parts of northern england, wales, the south west where we'll see some of the cloudiest weather through the afternoon. greatest chance of some outbreaks of rain continued, certainly in northern england. a scattering of showers across scotland, northern ireland, fewer than yesterday. but across eastern scotland any that

reigning world champions huang yuting, who is only 17 years old, and 19—year—old sheng lihao beat south in paris, easily overcame australia's matthew ebden in 6—love, 6—1 in the first round. in the women's draw, world number1 iga swiatek began her quest for gold with a 6—2, 7—5 win over romania's irina—camelia begu. she fought back from 5—4 in the second set before eventually sealing the victory. and in the doubles, a pairing that will please the neutrals — spain's rafael nadal and carlos alcaraz teaming up to take on argentina's maximo gonzalez and andres molteni. they won the first set, but are currently tied at 4—4 in the second. england are back on top in the third and final test against west indies, after captain ben stokes, joe root and wicketkeeper jamie smith helped them recover to a first innings lead. a day to remember for root — his half century saw him overtake west indies legend brian lara on the all—time test runscorers list, and move into 7th place. reginaldo rosario reports. blue skies over edgbaston, but england were in a grey area heading into day two. already three wi

the ship was accepted into the chinese navy in july 2016, built at the huang fu shipyard, guangzhou.p is 178 m. the displacement is 23,400 tons and the cruising range is 12,000 miles. crew - 130 people. the ship has artillery weapons. the crew consists of female military personnel performing tasks on a par with the male part of the crew. the boat of the president of the russian federation is heading towards the training ship. with your participation in the celebration of the russian navy day, the russian navy and the naval forces of the algerian people's democratic republic have long-standing friendly and partnership relations. the ship's crew responded to the president's greeting with three cheers. the president's boat approaches the frigate tabar, fms of the republic of india. commander. historically established partnerships, the russian navy and the naval forces of the republic of india regularly conduct joint exercises. this year, the guards missile cruiser varyak of the pacific fleet took part in the milan exercises organized by the indian navy, and naval ships serving in the in

reigning world champions huang yuting, who is only 17 years old, and 19—year—old sheng lihao beat southin the second set, before eventaully sealing the victory. novak djokovic also progressed. and the hosts are also off the mark, as shirine boukli won france's first medal of the games. a bronze in the women's 48kg judo event, beating spain's laura martinez in overtime. over in the men's 60kg event, the french picked up a silver medal through luka mkheidze. england are back on top in the third and final test against west indies, after captain ben stokes, joe root and wicketkeeper jamie smith helped them recover to a 94—run first innings lead. a day to remember for root, his half century saw him overtake west indies legend brian lara on the all—time test runscorers list, and move into 7th place. reginaldo rosario reports. blue skies over edgbaston, but england were in a grey area heading into day two. already three wickets down and some way behind the curve. their task was not getting easier. only pope and harry brook removed in quick succession. the west indies in full flight. england is

the world champion duo, 19—year—old sheng lihao and 17—year—old huang yuting, lived up to their favouritesris 202a. they defended the title they won in tokyo, beating south korea 16—12. kazakhstan completed the podium, having beaten germany 17—5 in the bronze medal match. two—time olympic champion, adam peaty is through to the 100m breaststroke semi—finals. the 2016 and 2020 champion, posted the second fastest time to reach the semis later on saturday. china“s chin haiyang, the fastest man in the world this year, qualified in ninth fastest. no problems for novak djokovic in the men's tennis — he breezed past matthew ebden of australia in straight sets. carlos alcaraz is also through. rain delayed the start of play at roland garros. djokovic was on top form though, and apologised in good natured spirit, as he won his first round match 6—love, 6—1. ebden even offering up his racket to someone in crowd at one point!... women's world number one iga swiatek is also through. final practise has been washed out at the belgian grand prix, ahead of qualifying later on saturday. a breif flurry of ear

you talk about jensen huang, and you talk about getting right with jensen.hat is nvidia doing with you that's so exceptional? >> well, we started building large language models with jensen and nvidia, great company, great leader, more than five years ago. so, this is not wet paint. we have been at this for a while. and because we've been at this for a while, we've built our game plan on top of the amazing technology of nvidia, and i mean, the whole stack. so, if you think about that partnership and what we did, we started with i.t., we quickly moved it into the employee experience. now, we're running the table in customer experience, and obviously, developers are improving their productivity by 55%, so the compute power coming from nvidia is powering the servicenow platform. >> all right, yeah, it is an excellent partnership. one last thing i had. carl, actually, back from workday on and marc benioff yesterday from servicenow, they want to come at you. they want to do on-boarding. they say they have the data, not clear they think that you have the data, but

. >> we know that jensen huang says the return on investment, ceo of nvidia, is almost instant. believe that you would say that an employee may be doubly productive with a.i., and yet we still don't hear from any executive, we have a.i., and we've been able to trim staff. we've been able to become a much more productive and we've been able to boost earnings per share. when will an executive come on and say, listen, our numbers are going higher because of a.i.? >> i believe that you will see, overall, a.i. will increase productivity, will help us get more productive, and most importantly, help us get better products out faster. so, i think all of that is there. now, i don't believe that things are instantaneous. technology takes time to adopt. that's just the way technology cycles are. we're investing today for the return in a couple of ears, and i think that's absolutely the right thing to do. that's the way we think about these investment cycles. not quite instantaneous, but they're definitely coming, jim. >> lisa su, thank you, and the guide up was amazing, even though david w

we spoke with the event host domino and machine artist alex huang about what the nine year old team hopeso accomplish at this point, we're all very comfortable with our build styles and what we can accomplish building, >> and so at this point, we're all we all we all know what we're doing. and we're attempting this year, the largest domino setup that we have ever built across the nine years of us hosting this event, as well as the largest domino setup ever built in california, this live topple will be hosted tomorrow at the tech interactive museum in san jose. >> and barry, whether after days of excessive heat and heat advisories, we finally have a cooler forecast as we move into your weekend. but how much cooling in your neighborhood? we'll have the update coming up. >> let's go to ktvu. crystal bailey now with a look at some of the stories we're working on for west coast rapid seven right here on ktvu. >> thank you. christina. a man walks up to strangers on the street and asks for time to take a few portraits. you've probably come across his videos on social media. these moments going v

all documents to the fbi after subpoenas were issued in an investigation of mayor xiang tao and the huangwners of the california waste solutions company. the city attorney received the subpoena just five days after the fbi raided mayor tao's home sites linked to the huang family. back on june 25th, the documents related to the mayor's partner, andre jones were also listed. >> oakland's new police chief is promising to look into crime along the hegenberger corridor. chief floyd mitchell met with the owner of a 76 gas station that was ransacked last friday. a group of people broke into the gas station and in about 40 minutes stole everything they could get their hands on, including $25,000 in cash. it took police nine hours to respond. >> as a business owner, he should not have to go through what we saw on the video here and we're going to do everything to help him in the future to keep this from happening again, chief mitchell says he will look at whether officers are efficiently deployed in the hegenberger corridor, which has seen many businesses closed because of concerns about crime, in

. >> charles, what does that orientation have you stand with jensen huang at nvidia, given what a hugeying to keep the heat down at his data centers? >> he's a great leader, you know. when i talk to him, i really appreciate his talent. he is a genius. so it's very good experience to work with him. and he always bring a challenge to customer like us. but it's a great challenge. we together for our industry and for our planet. so it's been a very exciting, happy experience. >> all right, so, charles, i was with a former partner of goldman sachs this weekend, and he said we're going back and forth. and he said, you know, jim, this ai spend can't continue at this pace. and i said yes, it could actually accelerate from this level. what where do you see artificial intelligence spending in the next three to five years? >> oh, i personally believe this ai can be bigger even that the auto revolution. because older people like the convenience, the smarter tool, the fancy feature that ai over the our people. so i believe it will continue to improve. and the good thing is we nvidia, the technology

representative from bonta's campaign told the i-team they've chosen to donate all $155,000 received from the huangscacy organizations out of an abundance of caution, five charities will receive approximately $31,000, including youth alive, planned parenthood, affiliates of california, giffords, moms demand action, and the brady campaign against gun violence. assembly member mia bonta's, campaign spokesperson reported the same, saying, we are methodically identifying any contributions that may have been issues based on recent media reports. corresponding amounts will be donated to charities that include the family violence law center, the native american health center, and reproductive freedom for all. other politicians did too, including congressman adam schiff. his campaign told the i-team they'll be donating the $26,000 contribution from the wongs to local nonprofits, helping address housing and homelessness. congresswoman barbara lee received more than $61,000, and congressman eric swalwell received more than $29,000, but neither office responded to our requests for comment. >> it's not at all u

representative from bonta's campaign told the i-team they've chosen to donate all $155,000 received from the huangscalifornia charities and advocacy organizations out of an abundance of caution, five charities will receive approximately $31,000, including youth alive, planned parenthood, affiliates of california, giffords, moms demand action, and the brady campaign against gun violence. assembly member mia bonta's, campaign spokesperson reported the same, saying, we are methodically identifying any contributions that may have been issues based on recent media reports. corresponding amounts will be donated to charities that include the family violence law center, the native american health center, and reproductive freedom for all. other politicians did too, including congressman adam schiff. his campaign told the i-team they'll be donating the $26,000 contribution from the wongs to local nonprofits, helping address housing and homelessness. congresswoman barbara lee received more than $61,000, and congressman eric swalwell received more than $29,000, but neither office responded to our requests for

we're learning big names in california politics, received campaign contributions from the huang family. >> i-team reporter stephanie sierra gives us this in-depth look at the investigation. >> as the saying goes, in the world of politics, it's all about who you know. but pictures and handshakes aside, if you want the truth, follow the money. a lot has happened in the city of oakland in recent weeks. the mayor's house got raided, and then we learned about a waste company. now in the spotlight for alleged money laundering. sources confirmed to abc news the fbi is working with the irs and the u.s. postal service as a part of this investigation. given the raids happened around the same time, it appears it's all connected, but the fbi hasn't specifically confirmed or said why. here's what we do know. the family owns california waste solutions or ors, a large commercial and residential recycling company servicing oakland and san jose. it's operated by david duong. according to allegations by the fair political practices commission, his son, andy was the true source of at least 93 contributio

i know i sound like a broken record, but these companies are all part of nvidia's jensen huang callst of the march of accelerated computing and generative artificial intelligence. hardware is an incentive like i've never seen. maybe in the 90s. when you consider the size of these companies, the multi- trillion dollar capitalization, it's remarkable. it keeps widening. this morning intuit, a financial service company that i like very much announced layoffs that they indicated were artificial intelligence related. and the software company has been saying it will be one of the leaders in using a.i. to improve the customer experience. now it does have a host of visions that could easily substitute a.i. for employees. you know what, it makes a ton of sense. i understood the announcement. many of the people let go could be rehired. to me it sounds like the ceo is doing exactly what the new technology allows him to do even though it has been a very tough medicine to fire people. but the market's reaction was severe. the stock losing almost 2.6%. now some of that might be related to the turm

assistant including the ceo of nvidia, jensen huang. stuart: that's fascinating. haw lauren yeah.ee computers and a pair offing goggles to train a robot. stuart: you made me understand that. lauren: how would you train a robot to do your job? the. [laughter] stuart: we're going to change the subject, shall we? amazon. i believe they're expanding their 1 to 2-day delivery service? lauren: for rural areas. that's a big deal. it's like the last frontier. it's bad for the usps, they typically to that delivery for rural america. how does amazon do this, and why is the stock so convinced? they're going to use what they're call aing hyper-efficient warehouses, they're going to contract the drivers and use local shops, mom and pops. they don't plan to do 100% of this delivery, maybe settle at 90%, and it's making financial sense for them because they're charging sellers fees to the package and deliver. so it's the on the back of the sellers. stuart: smart company, oohed say. delta. i'm sure they're going to sue crowdstrike and microsoft if because of that mass outage. there's huge damages

a 30-day upside call on nvidia as analysts there eagerly await a fireside chat between ceo jensen huangders are expected to talk artificial intelligence and potential collaborations. analysts there also add that the geopolitical risk that weighed on chip stocks last week presents a good buying opportunity. now, with today's price action, stock is now less than 10% from its recent high, trading higher by about .6% in today's trade, mike. >> seema, thank you very much. vijay, semiconductor, different part of the industry. what's the set-up here as they try to contend with a cycle that's been a little bit tough? >> sure. thanks for having me on, mike. i think this is the analog group as a whole, including xpi, what they're seeing is probably two years of underperformance. so we think now what you're seeing is the analog group has gone through a significant inventory correction and we should start to see inventory across the supply chain start to normalize, and that sets it up for a nice, you know, nice outperformance over the next six months to two years. what we see, also, is automotive i

andre jones, the california waste solutions contractor, and their owner, the politically connected huang family. now, ktvu obtained a copy of the subpoena ktvu jana katsuyama live here in studio with what it reveals. jana. >> mike. the fbi's raid on mayor tao's home and the duong family's business raised some questions back on june 20th. well, now, this subpoena is confirmation of the federal investigation. >> oakland city attorney has sent a letter to oakland city officials and employees saying that they cannot delete or alter any documents that are under this federal subpoena. and a source tells me as many as 100 people may have received that letter. the subpoena from the u.s. attorney's office in northern california was sent to oakland city attorney barbara parker on june 25th, just five days after the fbi raided mayor sheng tao's home and the offices of the california waste solutions, owned by the dong family, whose political connections have been under legal scrutiny. the subpoena asks for all documents and electronic communications from january 1st of 2022 until the present, the ci

comes after mayor xiang tao's home was raided last month, along with properties associated with the huang> number three more community ambassadors are coming to san francisco's tenderloin neighborhood after complaints about worsening conditions near a homeless shelter that's opened at the copa hotel on ellis street. >> number four the new water taxi launching today between alameda and oakland's jack london square. it's free. it runs wednesday through sunday, and the first trip happens at 7 a.m. >> and number five, a warming trend gets underway here today. temperatures pretty close to average after that cooler afternoon yesterday, 80s and 90s in our warmest areas inland. warmer weather continues to climb through friday. >> number six taking you to the south bay, a crashed in east san jose. northbound 101 before story road. the two left lanes are blocked and there's a vehicle facing the wrong way. emergency crews are responding. this is in the commute direction, but right now, only a minor backup with speeds down to 21mph. >> number seven nominations for the 76th emmy awards are this mornin

comes after mayor xiang tao's home was raided last month, along with properties associated with the huangumber three salesforce is reportedly ordering most of its employees back to the office. our partners at the san francisco standard report the mandate starts october first. now, depending on their job, employees will have to be in office anywhere from 3 to 5 days a week. now, this is a big change since in 2022, ceo marc benioff said, quote, office mandates are never going to work. >> number four, the new water taxi launching today between alameda and oakland's jack london square. it is free. it runs wednesday through sunday, and the first trip is happening in two minutes. >> and number five, get ready for warmer weather to start moving in here over the next couple of days. there you can see your daytime highs 80s and 90s and our warmest spots, temperatures going a bit above average today. but the three day forecast shows your hottest day. this week will be friday. we're inland. we're above 100 degrees. >> and number six, let's get a live look at a crowded bay bridge toll plaza. it's goi

investigation involving several properties tied to mayor xiang tao and the politically associated huang family. >> the subpoena providing some insight this afternoon into this ongoing investigation. welcome, everyone to the four. on this tuesday afternoon, i'm heather holmes and i'm cristina rendon, the duong family. >> among the names listed on that subpoena, this family has been investigated previously for political contributions. ktvu obtained a copy of that document, and our jana katsuyama joins us now live with more on the revelations from that subpoena. jana. >> well, the subpoena is a very interesting look into what prosecutors are trying to discover. it was dated just five days after the fbi raided major sheng tao's home and the offices of the california waste solutions that is owned by the duong family. a source tells me today that as many as 100 people may have received a letter from the city attorney telling them they should not delete or alter any communications listed on the subpoena. now, the subpoena was sent by the u.s. attorney's office in northern california to oakland

my name is ma li huang. i am from esol families united collaborative.ly of four is living in a small so today i'm here to urge supervisors to support the housing opportunity fund to assure that i'm living in right now. we have to share bathroom and toilet with 20 other households. it has been negatively impacting our lives due to limited space. my kids don't have a good environment to study. i want to be able to provide them a better living environment, but my income is not enough. it has been difficult for me to apply for affordable housing. last time when i applied for affordable housing, i was waitlisted. 30,000 housing opportunity fund is very important for us. extremely low income families like mine hope to get more housing opportunity, so we hope to get your support for this measure. thank you. good morning. my name is ann lim and i am a tenant councilor with the south of market community action network. we support item number three or the housing opportunity fund for seniors. and families for the extremely low income housing and urge you to vote

that's not that far from what jensen huang says with nvidia.vidia with a big shoutout, 50,000 nvidia chips in this one plant. he has to take a shot at nvidia too because he says he needs more, he can't get more, so we have to make our own. >> dojo is their own. they're in such demand. i think we have that sound. >> you want to play that? >> sure, we'll play it. >> go ahead. >> what we are seeing is that the demand for nvidia hardware is so high that it's often difficult to get the gpus, and the -- there just seems to be this -- i guess i'm quite concerned about actually being able to get state-of-the-art nvidia gpus when we want them, and i think this therefore requires that we put a lot more effort on dojo in order to have -- that we've got the training capability that we need. so, we are going to double down on dojo, and we do see a path to being competitive with nvidia. >> there it is. i mean, over time, he's basically saying these -- those chips are going to be in such demand that we need to have our own. >> the blackwell 200, that's the ne

of how many chips jpmorgan has ordered from nvidia, how much time jamie dimon has spent with jensen huang many computer scientists they have at the bank, for example. all of which, you know, when he did his -- i think he did something on "mad money" this week, the idea of what will be in the trillion dollar club in the future. jpmorgan was an outlier but one he thought perhaps could. >> what's their highest expense? it's labor. >> they do spend an enormous amount on technology. >> biggest buyer of software is financial services. >> they're spending a lot of money on that tower, by the way. it is beautiful. i don't know if you guys have walked by. >> go past it all the time. >> i'm talking about jpmorgan's new -- >> it looks like a rocket ship. >> it's incredible, and the engineering that has had to go on in part because they've got the train station below it. i think it's close to getting topped off. i don't know. i was up high yesterday looking at the very top of it. it's quite a structure. >> but an expense. >> they spent over $3 billion on it easily. >> good for midtown. midtown needs

i think that when you sit down with jensen huang who is not talking about the military, boy, everything so much of the military hardware made with gaming chips. >> really? >> yes, yes. it's nvidia, the fastest chips in the world. i think we ought to be more sensitive to what silicon valley says. pal t pal palantir. >> they gave me the consumer package good guy which imention on air because i thought, did you hear me what i had to say on air? no. by the way, we have a new bank winner, pnc, like they ever do anything wrong. it doesn't even matter. i don't care what they do. bye, bye, bye. >> loans down one and deposit down two. >> doesn't matter. pnc is sainted. they represent the great middle class. that's the rap. >> the one call we didn't goat that is notable is shopify. bofa goes to buy, up a few bucks to 82. that's almost up -- >> the president of shopify said what turned out to be very true. they're the small and medium sized business. that's the rap of the republican party. it used to be the rap i felt of the democratic party, but they're in favor of union. president biden has laid

this is the fireside chat sitdown with jensen huang and mark zuckerberg at a graphics conference on theon this zuckerberg, on the luxoticca, but you got to remember this was incredible that zuckerberg sits down with nvidia when jensen used to say, listen, he's for combat, he used to say, he's for combat, i come in peace. well, they are together and i think it's fantastic for both of them, but don't forget, what matters is who do you think is going to be in the white house. >> and we'll talk more about the smh. it's been a rough few days. >> easy come, easy go. it's up huge. >> get the opening bell in a moment. stay with us. welcome to the now way to network... they switched to juniper's ai-native network. now everyone's so productive, they're operating at a higher gear... now their network is self-configuring, self-detecting and self-healing. so their it team deals with up to 90% fewer network trouble tickets. (sonic boom) whoa, what was that? just the sound barrier. that's the now way to network at work—with real ai—putting you in the fast lane. (♪♪) hi, i'm greg. i live in bloomington

i also do wonder, i mean, you hear jensen huang at nvidia talk about how much more efficient each iteratione other companies. you can solve for it two different ways. more power or make them more power efficient over time, make the actual datacenters more power efficient. so, i think, you know, at some point, it maybe is not as easy as, yep, prices of electricity going up, we're going to need a lot more of it. but in the short-term, there's no other solution. >> no, and as they become more power efficient, you just put more and more of them in the datacenter, which will ultimately overwhelm the idea of more efficiency in a sense because you're doing even more computing. >> we're in this phase, just throwing money and capacity at it. raymond james, in, i think, raising its price target on meta today, part of it is, they say, we're the street high for next year's capex number for meta. $50 billion. that's the bullish case. they're going to invest even more and fastener these a.i. capacities and kind of have an internalized a.i. system, and that shows you the thinking, and that's why the marke

. >> more importantly is whether we're going to see jensen huang, bezos and others -- >> using a.i.nk only zuckerberg. i'm going only with zuckerberg. wil wilfred, it was great to see you this week. >> give the challenge to musk. >> are you here next week? >> no. it's been a pleasure. thanks for having me. >>> have a great weekend. our live market coverage tethwoig with these t rht afr is. i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, that's so rock roll. it is, right. he gets it. yeah. >>> good friday morning and welcome to "money movers." i'm leslie picker with wilfred frost live from post 9 of the new york stock exchange. coming up, jared bernstein with the jobs

. >> jensen huang stole me they speak 28 languages. go make some fries, will you? >> sure, jim.o make you some fries. >> don't get the basket thing on your arm. >> burn you. >> checkerboard. >> as we go to break, watch bonds. in addition to powell and yellen this morning, we will get a three-year note auction and bowman after that at 1:30 today. intel the best component as it's gunk for a fifth day higher. we'll be right back. [crowd chanting] they ignored your potential, and mocked your ambition. but it's not the critic who counts. with every swing and block, your game plan never changed. ♪♪ some still call it luck. let them. because you know what it's always been. inevitable. ♪♪ ♪♪ (man 1) can you hear me now? can you hear me now? can you hear me now? (dj) can you hear me now? (runner) stay with me now! (teens) oooo! (woman 1) mírame ahora! (woman 2) get em now! (roger goodell) we're ready now! (woman 3) have fun! (fan) ooo, pinch me now! (woman 4) save me now! (toddler) let's go now! (woman 5) check me now! (toddler) catch me now! (gamer 1) cmon! (gamer 2) play me now! (toddl

that's much higher than it costs to make, but jensen huang, the ceo, will tell you, listen, we've spentillions on this, so we're going to get our return and that's another reason people are surprise bid the price tag. >> given what cpi gave us today, russell is up almost 2%. is now the time to start buying iwm and everything else? >> i still like so many of these companies that are connected with datacenter. >> really? >> i find it -- >> what level of inflation or rates would get you interested in small caps? >> small caps are so hard, because they're in the scrum. they're just in the scrum. when you go and you look at the -- well, wd 40 was one of the rare ones. >> lower rates help. >> well, yeah, i know, but when you had -- you can go buy the index, but when you do the granular nature, you find, wow, that one's not doing that good. that one's okay. that's what i'm saying. i'd rather by micron, say, at $132. >> we got a cool inflation number and the s&p is down, or flat, let's call it, and the nasdaq is flat. >> tell me something new. did i really not think there was a core inflation n

. >> jensen huang, the ceo of nvidia, said, over and over again, you can't be third, fourth on this.ou got to be first. this is a -- it's not a winner take all, loser take none, because there's so much business, but you have to be a first mover, or else you're going to be left behind. i believe that. i'm sure google, which there's a great piece about alphabet and how laura martin, the biggest business out there is youtube. but they -- >> she's been calling for that split for years. >> i know. i know. gra gratuitous mention. but 7% of the chips are going to google. that may be not enough. >> meantime, we mentioned the kellogg downgrade. we've got this initiation lower on target. we've got a cautious note from ubs on retailers and tariffs. does everything else get shuttered? >> the 10% tariff, i had to deal with that with constellation brands because you get the tariff, they bring in modelo and corona. if you're going to be that nitty-gritty and talk about the 10% tariff, everybody's going to have it. >> the downgrade of visa and mastercard. >> i didn't like that at all. the idea that